502
The issuer must notify the Exchange of the following corporate actions, and must provide the Exchange with the same notification, including any accompanying documents, at the same time that it is provided to Nasdaq:
(1) issuance of additional securities of a class already listed on the Exchange, including securities arising from the exercise or conversion of convertible securities, employee share option schemes, or scrip dividend schemes; and
(2) adjustment of the number of existing securities in a class already listed on the Exchange, including stock splits and reverse stock splits.
503
An application by an issuer for the listing of an additional class of securities must comply with the following:
(1) it must submit to the Exchange a copy of the listing application and any accompanying documents that have been submitted to Nasdaq; and
(2) it must inform the Exchange of the decision of Nasdaq, if any.
504
(1) If there are any changes to the furnished information under Rules 502 or 503, including any change of listing date of the additional securities or the date of adjustment of the number of existing securities, the issuer must promptly inform the Exchange of such changes.
(2) The Exchange will ordinarily list or adjust the number of the securities at or around the same time they are listed or adjusted on Nasdaq, but retains absolute discretion to determine the timing of such listing or adjustment as it considers appropriate.
(3) Unless the Exchange prescribes otherwise, additional equity securities of an issuer may only be listed on the Exchange if such equity securities, or, if applicable, the underlying shares or sponsored ADRs related to such securities, are listed on Nasdaq and are eligible for trading on a U.S. national securities exchange, whether through registration with the SEC or otherwise.